670 Bethel Ave Memphis, TN 38107
Property details
About 670 Bethel Ave
***New tenant going in Dec 13th, bringing the monthly income up by $650!*** Just a few blocks from the burgeoning Downtown area is this 6-unit apartment building - some claim to be close to Downtown, but this one really is! 4 of the units are occupied & one is rent-ready. This building was rebuilt from the studs out in 2018 - roof, plumb., elec., all of it! Each unit has a dedicated mini-split heat/air unit and parking. Area around building is nice, with new homes & high values - current rents are $3450, but should be $4100+ when the last vacant unit is turned. Value-add potential.
Highlights
Summary
- MLS Number: 10174536
- Office Name: Memphis Metro Realty
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Last updated on: 3/15/2025, 3:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$300,000
670 Bethel Ave
$3,563
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 04, 2017 | Home Sold | $185,000 |
Feb 18, 2005 | Home Sold | $45,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $68,760 | $4,188 |
2023 | $68,760 | $4,188 |
2022 | $68,760 | $4,237 |
2021 | $68,760 | $4,237 |
2020 | $12,000 | $869 |
2019 | $12,000 | $869 |
2018 | $12,000 | $493 |
2017 | $12,000 | $459 |
History based on county public records data.
Nearby schools
3
Kipp Memphis Collegiate Elementary School
Public Charter KG-4
0.4 mi
•230 Henry Ave
3
Memphis Scholars Caldwell-Guthrie (ASD)
Public Charter PK-5
0.7 mi
•951 Chelsea Ave
3
Downtown Elementary School
Public Magnet PK-5
1.5 mi
•10 N 4th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,174. The most common annual income of people living in Memphis, TN is less than $<35k. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Similar homes for sale
This home is located at 670 Bethel Ave in Memphis, TN and zip code 38107 in the Downtown neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 13, 2024 and is currently priced at $300,000.
In February 2025, from all listings sold in Memphis, TN there were more than 57 sold above asking price, over 205 sold below and more than 73 were sold right at the asked price. The number of listings in Memphis, TN increased by 13.5% between January and February 2025. In February 2025, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $185,000.